Re:37signals valuation tops $100 billion after bold VC inves...
by paul_f on Saturday November 16, 2013 @11:27AM
(#6745273)
No. You're missing the point. FB and TWTR have already made it. If you could, short the vast pool of VC-backed pointless startups in the space that have not IPO'd yet and you would make a fortune.
[ Parent
| on HN ]
Re:37signals valuation tops $100 billion after bold VC inves...
by nrao123 on Saturday November 16, 2013 @11:36AM
(#6745319)
Hmm- you may well be right. Because VC as an asset class have underperformed. But- you wouldn't have made a fortune shorting it. Maybe, even lost a little money but not much.
On the other hand, if you shorted USV/Sequoia/Benchmark's portfolios you would be hurting a lot.